577 Decatur St - Storefront Retail/Residential FOR SALE


Brooklyn, NY 11233- Bedford-Stuyvesant
$2,500,000 USD
212-396-8244
577 Decatur St, Brooklyn, NY for Sale
$2,500,000 USD
Storefront Retail/Residential - FOR SALE
1/30
null | 6.14% Cap Rate

577 Decatur St
Brooklyn, NY 11233
Bedford-Stuyvesant


OVERVIEW

A 20’ wide two unit three story corner mixed-use building. The property has two stores on the first floor and two four-bedroom apartments above. There is a four car garage to the back. The units have nice wood floors all the bedrooms have good size closets and get great sunlight. The units has 10’ ceilings and all the electric and plumbing has been updated. The kitchens have stainless steel appliances and granite counter tops. The full bathroom have modern tubs and toilets and are nicely tiled. The units also have a washer & dryer. The property is a prime investment opportunity, an investor can add value by renting out the garages or convert them to stores. The second floor unit can use the roof of the garages as outdoor space. The property is also a great user opportunity, a user can use the corner stores for their business and live in the second floor unit. The third floor apartment can be rented for income, along with the garages. The property has great residential exposure on Decatur Street Avenue and commercial exposure on Howard Avenue. The J train is located four blocks away on Chauncey Street & Broadway.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$694 USD /SF

CAP RATE

6.14%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1800

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R5B

APN/PARCEL ID

01500-0046

ASK ABOUT THIS PROPERTY

Kervin ValesHalstead Property LLCMore Info
212-396-8244

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Kervin ValesHalstead Property LLCMore Info
212-396-8244

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.